First Merchants (FRME) Research & Development (2010 - 2026)

First Merchants' Research & Development history runs 17 years deep, the most recent figure standing at $7.2 million for Q1 2026.

• On a quarterly basis, Research & Development rose 21.27% year-over-year to $7.2 million in Q1 2026; TTM through Mar 2026 was $28.7 million, a 9.81% increase from a year earlier, with the FY2025 full-year figure at $27.5 million, up 1.28% from the prior year.
• Research & Development eased to $7.2 million in Q1 2026 per FRME's latest filing, from $7.5 million in the prior quarter.
• Across five years, Research & Development topped out at $7.5 million in Q4 2025 and bottomed at $4.4 million in Q1 2022.
• The 5-year median for Research & Development is $6.6 million (2023), against an average of $6.4 million.
• Across the five-year window, Research & Development surged 42.41% in 2022 and slipped 13.94% in 2025, its largest moves.
• Year by year, Research & Development stood at $5.6 million in 2022, then increased by 4.71% to $5.9 million in 2023, then gained by 2.62% to $6.0 million in 2024, then rose by 24.55% to $7.5 million in 2025, then dropped by 4.25% to $7.2 million in 2026.
• Per Business Quant, the three latest FRME Research & Development figures stand at $7.2 million (Q1 2026), $7.5 million (Q4 2025), and $6.9 million (Q3 2025).